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You absolutely read the S1 statement. What else would you be reading?
by wbl 2y ago
You absolutely read the S1 statement. What else would you be reading?
- TheDong 2y agoYou would be reading your CFO or lawyer's summary of the important points. In this case, the only important point is probably literally just "We filed the S-1, everything went normally". Do you use an accountant to file your taxes? Do you read the entire tax document they submit, or do you just look at their summary of "after this much in deductions, you owe this much"? If you do read the document in full, good on you, but I assure you most people don't, in the same way that most CEOs don't read every single document the company's lawyer produces.
- mtnGoat 2y agoYes I do in fact read those things, every VP or above that I know does too. A meeting covers high points that doesn’t mean you don’t have to do your homework. Trust but verify.